How to Drive a Car for a Long Period of Time

If you don't really need a car, then keeping your vehicle is always the best way to go. No more than 8% of your gross income spent on car payments every single year. If you're looking to become financially independent in less than 10 years, I would make it 10% of your total income as the car purchase price. The highest rule of thumb is the highest you should go is 35% of one year's income on a purchase price.

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